More of that nifty "public/private partnership" crapola------Ford, GM get $50 million in federal tax credits for plants focusing on clean energy

Ford, GM get $50 million in federal tax credits for plants focusing on clean energy | Detroit Free Press | freep.com: "WASHINGTON — Ford and General Motors will receive federal tax credits for plants making more fuel-efficient and alternative energy vehicles.

U.S. Sen. Carl Levin, D-Mich., put out a news release welcoming the grants under an Advanced Energy Manufacturing Tax Credit program, calling them “another example of how our investments in clean energy and manufacturing are paying off.”

Ford is getting a $30-million tax credit for its Michigan Assembly Plant in Wayne, where the company produces plug-in hybrids, full-battery electric and other vehicles from the same assembly line.

GM will receive a tax credit of more than $20 million for its Detroit-Hamtramck Assembly Plant, where it makes extended-range electric vehicles, including Chevrolet Volts and the Cadillac ELR electric luxury coupe, as well as internal combustion cars."